Project J7 13B-2 from the country Lithuania is raising investments amounting to 133,000 euros for Refinancing with an expected annual return of 10.6-11.6%. The minimum investment amount is 100 euros.
The loan term is 6 months, meaning the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 6 months after receiving the loan.
The project's risk level on the platform is indicated as B. Around 9% of the projects on the platform have ratings of "A+", "A", "A-", while the majority, approximately 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", which constitute about 30% of the projects, and the remaining projects have ratings of D. Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the returns will be correspondingly lower if investing in projects with a lower risk level.
The project has a Loan-to-Value (LTV) ratio of 47%. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.
The internal project number is P00001198 on the licensed crowdfunding platform Profitus from Lithuania. The platform states that they obtained a license in November 2023 from the European crowdfunding regulator ESMA.
Please note, the platform specifies that this information should not be construed as a recommendation, indication, or invitation to use a specific investment service and should not be considered the basis or part of subsequent transactions. Investing always carries the risk of losing part or all of the investments. I agree with the Profitus platform and also recommend approaching investments responsibly by diversifying your investments.
Vastab nimele Jan